In a recent announcement, Jordan Steel Company has revealed the rebar prices for August 2024. The prices for Grade 60 EXW rebar range between 453 and 462 dinars per tonne, excluding sales tax. When including sales tax, the prices range from 540 to approximately 550 dinars per tonne. This marks a decrease of 3-5 dinars compared to the previous month’s prices.
This adjustment in pricing is significant for stakeholders in the construction industry, as it reflects the current market trends and economic conditions. The reduction in prices could potentially lead to cost savings for construction projects, making it a noteworthy development for contractors and builders.
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